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Strategies & Market Trends : The Canine Corner(Shorters Paradise)

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To: Clase Azul who wrote (5)8/3/1998 3:49:00 PM
From: DJRoss  Read Replies (1) of 45
 
Well Bud, sorry I am late, living in a different country means eating dinner when everyone is just getting into the markets. I guess that bounce didn't really happen. The gist of this play I feel is to find it when it is going up, and then sit on it until it reaches at least 5 bucks a share. It is closing in on its 52 week low of 6 and change.

The past few days it has been stepping down, that is reaching lower highs and lower lows. Compared to the S&P it is quite weak.

ABTE needs a feel good news story to break its fall, but of course that would only be temporary. This dog is dying.
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